Prepare for an exciting year in real estate! The apartment market in 2025 is anticipated to reach new heights, with New York City and Los Angeles at the forefront of this dynamic growth. Driven by demographic demands and bustling job markets, these urban powerhouses are gearing up for record-breaking apartment deliveries.

Record Growth Ahead

In 2025, New York City is projected to deliver an astonishing 34.8K apartments, an impressive 84.5% increase compared to 2024. This remarkable surge reflects the city's highest-ever annual apartment delivery, fueled by strong job creation and consistent demographic demand. New York's rental market is thriving, leading the nation in job growth and drawing in a rent-centric population. This influx of new units is also set to alleviate housing pressures, particularly as higher-priced apartments encourage mobility in more affordable segments.

Los Angeles on the Rise

Los Angeles will witness an even more dramatic leap, with apartment deliveries soaring by 139%. The city is set to add 18.7K units in 2025, significantly outpacing its five-year annual average of 9.3K units. While LA's demographic trends remain strong, its job market shows some volatility compared to New York's. However, this surge in housing supply presents a golden opportunity for the city's urban landscape.

Other Growing Markets

Several other US markets are also gearing up for notable increases in apartment deliveries in 2025:

• Anaheim: +150%
• Greensboro/Winston-Salem: +105%
• Boston: +30%
• San Diego: +28.5%
• Columbus: +22.2%
• Phoenix: +10.4%
• Newark: +14.6%
• Charlotte: +12.4%

Why This Matters

The significant growth in apartment deliveries underscores efforts to address the nation's housing shortages, especially in high-demand urban areas. While the increased supply offers some respite, local job market dynamics and affordability play crucial roles in ensuring these new units meet the demands effectively. With NYC and LA leading the charge, 2025 is set to be a transformative year for multifamily development.

Discover Your Building’s Potential

Your apartment building might be worth more than you think. Why not find out? Call us for a no-obligation evaluation: \ Frank: (310) 503-4158 \ Viktorie: (424) 301-0075.